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Global stocks mixed as markets weigh higher oil prices, bond yields

Wall Street stocks finished mixed Wednesday after US data gave a reassuring picture on the economy while lofty bond yields weighed on sentiment.

UK-France Channel migrant exchange deal scrapped: London

A year-old deal between France and Britain to return migrants crossing the Channel illegally on small boats has come to an end, the UK interior ministry said Wednesday.

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Masked protesters attack Socialists at France May Day rally

All-black-clad protesters harassed marching lawmakers and supporters of France's moderate left Socialist Party (PS) on Thursday, marring Paris's Labour Day procession as hundreds of thousands rallied across the country.

Rio goes Gaga for US singer ahead of free concert

Behind his large studded sunglasses, Victor Faro's eyes were glued on the luxury hotel overlooking Copacabana beach where US superstar Lady Gaga is staying ahead of her free mega-concert in Rio de Janeiro on Saturday.

IKEA opens new London city centre store

Swedish furniture giant IKEA on Thursday opened a new store in the heart of London's shopping district, with a flurry of balloons, flags -- and giant meatballs.

US stocks rise on Meta, Microsoft ahead of key labor data

Global stocks were mixed Thursday with Wall Street forging higher following strong results from tech giants Microsoft and Meta that helped offset lingering economic worries.

Oil prices drop, stocks diverge amid economic growth fears

Oil prices fell and stocks were mixed on Thursday in thin holiday trading, following weak US economic data that added to growth concerns.

Children learn emergency drills as Kashmir tensions rise

School playing fields in Pakistan's Kashmir are being transformed into first aid camps for children to learn how to respond if war breaks out with India.

Tesla sales plunge further in France, down 59% in April

Sales of Tesla cars in France plunged 59 percent in April, piling on more bad news for the electric vehicle company run by Elon Musk, the billionaire advisor to US President Donald Trump.

Booming tourism and climate change threaten Albania's coast

Albania's coast is being hit by a double whammy of climate change and chaotic tourist development.

US reaching out to China for tariff talks: Beijing state media

United States officials have reached out to their Chinese counterparts for talks on vast tariffs that have hammered markets and global supply chains, a Beijing-backed outlet said on Thursday citing sources.

Tariffs prompt Bank of Japan to lower growth forecasts

The Bank of Japan revised down its growth forecasts and held interest rates steady on Thursday, warning that trade tariffs are fuelling global economic uncertainty.

Nuclear power sparks Australian election battle

Rich in solar and wind power, and bulging in critical minerals for renewable energy technology, Australia touts itself as a leader in the race to net zero carbon emissions.

Tokyo stocks rise as BoJ holds rates steady

Japanese stocks rose Thursday as the central bank kept its key interest rates steady as expected, in thin trade with most Asian markets shut for the May 1 holiday.

Bank of Japan holds rates, lowers growth forecasts

The Bank of Japan on Thursday left its key interest rate unchanged but revised down its growth forecasts, warning that US trade tariffs are fuelling economic uncertainty.

UN body warns over Trump's deep-sea mining order

The head of the International Seabed Authority (ISA) on Wednesday criticized US President Donald Trump's order to fast-track deep-sea mining in the open ocean outside American territorial waters.

Global stocks mostly rise following mixed economic data

Global stocks rose for the most part Wednesday, digesting mixed economic data as more companies pull back from earnings forecasts amid uncertainty over US President Donald Trump's fast-changing trade policy.

Netflix's 'The Eternaut' echoes fight against tyranny: actor Ricardo Darin

Survival through teamwork: It's a tale as old as time with particular resonance today, says Argentine actor Ricardo Darin of his latest project "The Eternaut," which hit Netflix on Wednesday.

Meta quarterly profit climbs despite big cloud spending

Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth.

Ukraine, US say minerals deal ready as suspense lingers

The United States and Ukraine said Wednesday they could sign a long-anticipated minerals deal within the day, after last-minute concerns from Kyiv as it seeks long-term US support.

US economy shrinks, Trump blames Biden

The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald Trump's tariff plans, although the president pinned the blame squarely on his predecessor.

Caterpillar so far not hiking prices to offset tariff hit

Caterpillar has trimmed corporate travel and other discretionary spending to offset a tariff hit, but has no plans to raise prices or overhaul supply chains, executives said Wednesday.

US economy unexpectedly shrinks in first quarter, Trump blames Biden

Renewable energy in the dock in Spain after blackout

Fierce debate raged in Spain on Wednesday over the role its reliance on renewable energy may have had in this week's blackout which disrupted millions of lives, though officials sought to downplay any potential link.

Stocks retreat as US GDP slumps rattles confidence

Stocks slid on Wall Street on Wednesday, pulling European indexes off earlier highs after the US economy contracted in the first quarter, heightening fears about the fallout of President Donald Trump's tariffs blitz on the world's largest economy.

Trump blames Biden's record after US economy shrinks

President Donald Trump lashed out at his predecessor's economic record Wednesday after US financial markets fell on the news that the American economy unexpectedly contracted in the first three months of the year.

Mexico avoids recession despite tariff uncertainty

Mexico's economy returned to growth in the first quarter of 2025, avoiding a recession despite deep uncertainty over US President Donald Trump's sweeping tariffs, official data showed Wednesday.

Stocks drop after US economy contracts amid tariffs turmoil

Stock markets retreated into the red Wednesday after the US economy contracted in the first quarter, a stark reminder of the risks President Donald Trump's tariffs blitz could hold for the world's largest economy and its main trading partners.

India to ask caste status in next census for first time in decades

India will conduct its first official caste census since independence, the government announced on Wednesday, a move likely to have far-reaching consequences for its politics and contentious affirmative action policies.

More automakers drop earnings guidance over tariffs

Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday in suspending their annual financial guidance because of uncertainty over US tariffs.

Stock markets mostly rise ahead of US economic data, tech earnings

Stock markets mostly rose Wednesday ahead of key US economic and earnings reports that could offer fresh insights into the health of the world's largest economy amid Donald Trump's tariffs.

German growth better than expected but tariff turmoil looms

Germany's struggling economy grew faster than expected at the start of the year, data showed Wednesday, in a boost for the incoming government of conservative Friedrich Merz even as US tariffs threaten to derail the nascent recovery.

Eurozone economy grows more than expected despite US tariff turmoil

The eurozone economy expanded more than expected at the start of the year, official data showed on Wednesday, despite US President Donald Trump's tariffs but global trade tensions threaten more pain and near stagnation in 2025.

Steelmaker ArcelorMittal warns of uncertainty

Steelmaker ArcelorMittal warned Wednesday that tariff uncertainty could cause further economic disruption as its global footprint helped it weather the turbulence in the first quarter.

Volkswacht Bodensee - Economy (English)